Karnataka to build road infra projects worth ₹13,600-cr
The Karnataka government will build four cloverleaf interchanges, six flyovers, and five underpasses on a 65-km stretch of Peripheral Ring Road proposed between Tumkur and Hosur Road. The civil work is expected to start only after the Bangalore Development Authority (BDA) acquires 80% of the 1,800 acres required for the entire project. As per the pre-feasibility report, the ₹13,600-crore project is comprised of eight-lane right of way (RoW) designed to complete the NICE Road on the outskirts of the city. BDA has approached the Karnataka State Environment Impact Assessment Authority for permission to go ahead with preparing an environment impact assessment (EIA) report with terms of reference. Currently, BDA officials are in the process of acquiring about 1,800 acres for implementation of the project. The government, which had allocated ₹1,000 crore in the 2019-20 Budget, estimates the land acquisition cost would be around ₹10,000 crore.
📅Published on:
06 March 2020
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